16, GREENWOOD WAY, NORWICH, NR7 9HN - £115,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

16 GREENWOOD WAY is a very small detached house of 71m², built sometime between 1950 and 1966. It was last sold for £115,000 in April 2009, which was around 44% below the average April 2009 detached price in the Broadland local authority area. The most recent EPC inspection was November 2016, where the current energy rating was D, and the potential energy rating was B.

16 GREENWOOD WAY Sold Prices

Land registry data shows two sales for 16 GREENWOOD WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. Both of the two 16 GREENWOOD WAY sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2009 1 APR	£115,000	£205,699	44% below HPI
1996 29 AUG	£55,000	£73,822	25% below HPI

16 GREENWOOD WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broadland local authority area over time, sourced from the HPI. The two 16 GREENWOOD WAY sales from August 1996 and April 2009 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the August 1996 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the April 2009 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is 16 GREENWOOD WAY?

16 GREENWOOD WAY is 71m² according to the EPC inspection conducted in November 2016. This puts it in the smallest 10% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 16 GREENWOOD WAY lies on this distribution: 10% of detached houses are smaller than 16 GREENWOOD WAY, and 89% of houses are larger. Note that EPC data is not available for all properties in Norwich.

16 GREENWOOD WAY: Plot and Title Map

16 GREENWOOD WAY sits on a plot of roughly 0.075 of an acre, or 303m². The below map shows the location of 16 GREENWOOD WAY, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 16 GREENWOOD WAY). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 16 GREENWOOD WAY?

16 GREENWOOD WAY is located in NORWICH, in the NR7 postcode district. The below map shows the position of No. 16 on GREENWOOD WAY.